1. FINANCING YOUR EDUCATION
Pierina Filippone

2. FINANCE YOUR EDUCATION
AGENDA:
- Presentation
- Q&A

3. What We’ll Cover Faculty Scholarships (Types)
Timing of Scholarship Decisions
Grants
Online Engineering Portfolio (ePortfolio)
Basic information on OSAP/UTAPS/Work-Study Program
Tips on Applying for External Awards
Useful Websites

4. Faculty Scholarships The breakdown of Faculty scholarships:
OSOTF (Admissions & In-Course)
Non-OSOTF (Admissions & In-Course)

5. OSOTF Awards
Recipients must be Ontario residents and must be identified as having financial need; for the purpose of identifying need, the Scholarship Committee uses OSAP as a primary indicator.
In addition, students are invited to complete the budget section of our Online Engineering Portfolio (ePortfolio) to demonstrate financial need.

6. Non-OSOTF Awards
These awards are open to eligible students as noted in the terms; international students are considered for any awards in which citizenship is not identified in the terms.

7. Timing of Scholarship Decisions
In-course Scholarships/Awards are awarded based on academic performance, financial need and/or extracurricular activity in first, second and third year
Decisions are generally made in July; students receive their monetary award upon registration in the fall, prior to November 15

8. Grants for Domestic Students
For students who have exhausted all other avenues of financial assistance.
Generally, an will be sent to all undergraduates in late September/early October with details on the Grants and a link to the application.
The we use is the one in ROSI. If you are not using that , please redirect it to whichever you use otherwise, you will miss out on these s.

9. Grants for Domestic Students
Grant decisions are made throughout the academic year with the bulk of the decisions made in late November; Grant decisions are made on the basis of financial need; it is important to complete all aspects of the application and provide any additional information regarding your overall financial situation, for example, if parental income is high but there is no support being offered.

10. Grants for International Students
International students may also submit a Grant Application to my office, however, the applications will be forwarded to Enrolment services for a decision. I encourage International Students to come see me prior to submitting their application.

11. Online Engineering Portfolio
The ePortfolio is an online form whereby students can upload their resume as well as keep a record of their extra-curricular activities; it allows students to maintain a record of their employment, the leadership events they’ve attended, and complete a budget to demonstrate financial need.

12. Online Engineering Portfolio
The Scholarships Committee uses the ePortfolio to select recipients for scholarships where the terms indicate extra-curricular or leadership qualities. We also use the ePortfolio to identify potential candidates for external awards. For this reason, it is highly recommended that students complete the ePortfolio and keep it up to date.

13. Categories of the ePortfolio
Summary of Activities
Arts
Athletics
Community Involvement
Clubs
Student Governments/Groups
Employment
Personal Leadership Development
Other Activities

14. Online Engineering Portfolio

15. Sample ePortfolio Section

16. ePortfolio Categories contd.
Awards
Financial Information
Budget
Special Financial Circumstances
Leadership Information
Personal Statement

17. Sample ePortfolio Section

18. Sample ePortfolio Section

19. ePortfolio Tips Start now!!!
Deadline to finish will be end of May, the ePortfolio will be closed from June through to August
Update your ePortfolio at least once every term
The latest an “end date” can be is April of the current academic year

20. OSAP
To qualify for OSAP, students must be Canadian citizens, permanent residents, or protected persons (Convention Refugee status); Out-of-province students apply to their own province for funding.
OSAP is interest-free as long as students are registered full-time (at least 60%, 40% for students who have documented disability)
Students are required to repay their loan within 6 months of last registration date. The interest does accrue during this 6 month period. This applies to students going out on PEY.
Students who have been away and are returning to full-time studies, can advise the NSLC of this and repayment will stop.
NSLC mails out information regarding repayment, it is critical that OSAP has an up-to-date address.

21. UTAPS
University has a guarantee that “no student shall not be allowed to enter or continue their studies as a result of a lack of financial means”. UTAPS is the mechanism for meeting this guarantee. However, it applies to students receiving government funding only.
UTAPS covers the difference between a student’s “assessed need” according to OSAP and the amount of funding received. Students must be registered full-time in BOTH the fall and winter terms.
OSAP recipients are automatically assessed for UTAPS.
Students receiving out-of-province loans must submit an online UTAPS application in order to be considered.
First round of UTAPS is usually available late October, early November for OSAP recipients, (late November early December for out-of-province students).
Direct Deposit information and a valid mailing address must be on ROSI in order to process UTAPS payments.
There are several rounds of UTAPS throughout the academic year, the last being late February.
There are no appeals for UTAPS; once a decision is made it is final

22. Work Study Program
The Work-Study program provides opportunities for part-time employment.
Positions are open to all students (i.e., domestic and international) who are studying on a full-time or part-time basis –if part-time, at least 2.0 credits over the fall/winter terms.
Job are posted on the Careers website, Details on how to apply are outlined on the website, however, the program is officially closed for this academic year. Hiring deadline is usually end of September of every academic year.

23. TIPS on Applying for External Awards
Read the award criteria and guidelines carefully. Ensure that you are providing the information requested and addressing all the aspects of the criteria. Ensure you actually fit the criteria.
Do your homework on the company or organization offering the Scholarship. Understand the purpose of the Scholarship; know your audience.

24. TIPS – External Awards Answer ALL questions being asked.
Proof-read your application carefully. Have someone else proof-read it as well.
When selecting references, ensure that you are abiding by the guidelines.
(i.e. character reference vs. academic reference).

25. TIPS – External Awards
Be sure to select someone who can speak to your involvement currently. In other words, if you’re in 3rd year, do not ask a high school teacher to provide a reference.

26. Tips – External Awards
Provide award criteria to the person writing your reference letter. If there is something specific you want them to focus on, advise them accordingly. If they are providing a character reference, provide them with a resume that way they can touch on all of your activities, not just the ones they are aware of. Similarly, if you’re asking for an academic reference, provide a copy of your marks.

27. Tips – External Awards
Start early and submit your application on time.
If you feel you meet the minimum qualifications, submit an application. Do not worry about what your chances are or how many others are applying. Nothing ventured, nothing gained!

28. Useful Websites
University of Toronto Enrolment Services
Engineering Portfolio:
Ontario Student Assistance Program (OSAP)
Scholarships Canada (list of external Awards)

29. Useful Websites
StudentAwards.com (External Awards)
Faculty’s website
Canlearn (for a listing of external awards)
National Student Loans Service Centre
(Select National Student Loans Service Centre)

30. Contact Information
Pierina Filippone
Assistant Registrar, Scholarships & Financial Aid
Faculty of Applied Science & Engineering
Engineering Undergraduate Admissions Office
St. George St. (Galbraith Building)
Tel:      ; Fax: